By UN Journal Lee Kap-soo Hyundai Motor Group has signed an agreement for strategic cooperation with Toray Industries, Inc., a pioneer in carbon fiber and composite material technology, to advance material innovation for a new era of mobility. Toray Industries specializes in fibers and textiles, performance chemicals, carbon fiber composite materials, environmental engineering and life science. Toray Industries is renowned for being the global leader in carbon fiber, a material widely adopted in advanced industries such as automotive and aviation due to its light weight, high strength, and hea
UNJournal Jon Lee | Hyundai Motor Company and Kia Corporation unveiled the ‘Active Air Skirt’ (AAS) technology on Jan. 23 that minimizes the aerodynamic resistance generated during high-speed driving, effectively improving the driving range and driving stability of electric vehicles (EVs). AAS is a technology that controls the flow of air entering through the lower part of the bumper and effectively controls the turbulence generated around the vehicle wheels by operating variably according to the vehicle speed during high-speed driving. In the EV era, competition to secure a better driving ran
UNJournal Jon Lee | Hyundai Motor Company and Mubadala Investment Company “Mubadala”, an Abu Dhabi-based global sovereign investor, have signed a memorandum of understanding (MOU) to jointly explore potential business opportunities and synergies for future mobility and technologies. The signing ceremony, which took place on Dec. 15 in Abu Dhabi, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company, and Waleed Al Mokarrab Al Muhairi, Deputy Group Chief Executive Officer of Mubadala Investment Company. This marks the beginning of a strategic collaboration that will drive pro